| Asking Price |
Not Disclosed | Inventory |
|
|---|---|---|---|
| Gross Income |
$4,000,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1992 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
This is a rare and exciting opportunity to purchase an established, highly innovative manufacturer of cold formed steel building products. Metwood, Inc., designs and manufactures metal building solution products that allow builders to utilize the advantages of both metal and wood building materials! Metwood, Inc. is a publicly traded company (OTCBB-MTWD). Founded in 1993, their products are engineered to combine the strength of steel and the fastening advantages of wood. Metwood's innovations have revolutionized the residential and commercial markets through the development of eight patents, with two additional patents pending. In 2002, two of the patents were appraised at $23 Million. The patented products represent a significant upside sales opportunity for a company or investor with a distribution network in place or the resources to develop a network. Because Metwood focused its efforts on product development, it has not had the capital to expand and is currently limited by its distribution capabilities. Commercial building analysts estimate the market for light gage steel components at or above $100 Billion per year, so the upside opportunity is tremendous. The growth of steel as a building material in the residential market is significantly increasing due to tighter building codes. Also, in commercial applications, stricter building fire codes, especially for educational, long-term care and hospital facilities, continues to drive the demand for steel roof structure framing solutions. The seller is currently sixty-two years old and realizes he does not have the time before retirement to exploit the potential of the products and patents he has developed. It is for this reason he has decided to offer the business for sale. He is willing to remain for an extended transition at the option of the buyer. A mixture of cash and stock will be considered for a purchase. Company website is www.metwood.com.
Growth/Expansion: Significant upside opportunity for a buyer who can capitalize on the company's eight current patents.
Support/Training: Seller will remain for an extended transition

Tom McCann
434-386-9400
The McCann Company
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